Summary
PALADIN Resources, the firm that made its name by scavenging for assets in the North Sea, may be poised to make a rival bid for Edinburgh Oil & Gas, according to weekend reports.
Edinburgh Oil & Gas last week agreed to be acquired by Dyon UK - a takeover vehicle jointly owned by Dutch energy companies Oranje- Nassau Groep and Dyas UK, which is a subsidiary of the SHV Calor Gas- to-Makro retail empire - for [pounds]132.8m.See the full content of this document
Extract
Paladin May Raid Rival's Takeover Game
Edinburgh Oil & Gas's key asset is the lucrative Buzzard field in the North Sea, in which ith...
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